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20121204
20121204
Search Results 0 to 10 of about 11 (some duplicates have been removed)
the fiscal cliff. the president says no deal without raising taxes on the rich. melissa: the nations largest seaport complex at a near standstill for the eighth straight day. drake christopher is going to join us with how this could impact your holiday season. lori: i was just kidding, actually. bacon is kosher. i do not eat kosher. melissa: speaking of kosher -- lori: rubbing elbows with the royals. our next ambassador -- you are speechless. melissa: i do not know about that one. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: right now, we are seeing the dow jones industrial average down just 12 points. so far, we are having a losing week on wall street. let's see what happens at the end of the day. these moves are really fractional. the s&p down a third of a percent. december, traditionally, is the best month for the s&p 500 since 1950. we will see whether or not that seems to come to correlation. i want to take a look at some of the auto retailers. it turns out they are not doing so well with their sales. pat boys, in particular, revenue missing f
that we are now 28 days frrm going over the fiscal cliff with no talks taking place between either side and more troubling, no talks scheduled between the president and house speaker. we take all of this up here tonight with former special assistant to president george w. bush, veteran democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequences. egis political crisis is widening cajon. a general strike to protest the presence unrestricted new powers. in this country's hospitals that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how high is that this book of? we begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house claim that no progress is being made >> the house speaker said on fox news sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. does the president ag
house is leveling the republican counteroffer to avert the fiscal cliff. president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense here that maybe the president is meeting with a few too many people? should we jjst get the job on the fiscal cliff? >> i could not agree more. i felt very discouraged. the president this been more time campaigning that he did of the beginning of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with our leader, the speaker, and talk seriously about these plans. gerri: small business, big business. the
, 69 times today alone. talk about indecisiveness, does this all fiscal cliff worries? >> it is a double-edged sword as far as the market. you can make a pretty good case for the fact that the market has come in here with all the uncertainty around the fiscal clef. if i were a betting man which i am not, i don't like to take risks but if i were a betting man i would bet the market is trending lower and under a lot of pressure because of the uncertainty generated around the fiscal cliff and the other side of that equation is folks will tell you and i have set a hundred times the markets don't lie and markets see something the financial press and the rest of us don't see because they hang in here. i don't understand it. we should be trading below, just like gold is puzzling. liz: interesting point. is puzzling, when you look at the intraday chart whether it is the dow or the and the crossing the flat line over and over why are the moves so shallow to the upside or downside. a couple points up and down and no real conviction on either side. does that happen next week? >>
on wall street. they watched the latest sparring over the fiscal cliff. stocks weighed between positive and negative territory. shares of netflix soaring more than 14% you wow! the company announced exclusive dib shun deal with disney. they will get first run streaming rights for disney films beginning in 2016. gold prices losing their shine. the commodity tumbled below $1700 a ounce hitting a one-month low. >> to our top story, no bias or bull. "money" will lay it out for you. all the talk about we can't fall off the fiscal cliff, we say why not? it may not be the worse option? maybe it is. none of them stop the problem. we'll take a look. here to crunch the numbers, stephen hayes, fox news contributor and writer for "the weekly standard." thanks for coming on to brave the math. both sides get so emotional here. it is not about emotion, it is about the numbers and what will save this country. looking at the real numbers on the fiscal cliff. we projected it out over 10 years if we show you the big full screen we made and numbers look pretty scary from a tax perspective there. if we went
, the fiscal cliff, so much uncertainty. where do you put your money? go to the big caps. look at the winners among the big cats. not huge, but this is where people are puttinggtheir money. they want it in safety. they are not putting it in gold. if you have to be in the market, go to the big cats. that's what's happening. liz: president obama discussing the fiscal cliff, and, plus, speaking live to the iowa governor, his state facing a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains tra
, these are taxes no matter how the fiscal cliff works out. and larry ellison knows it and pays to avoid a dividend tax. gets 200 million dollars. i'm still shaking my head. ambassador anna wintour? "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that's right. i've learned the only way to get a holiday deal is to camput. you know we've be open all night. is this a trick to t my st? male announcer break frothe holiday stss. save on ground shipping at fedex office. >> ambassador anna wintour, it's got an interesting ring, does it not? a new report says that president obama is considering the fashion magazine editor
pulling off their own plan to deal with the fiscal cliff. connell: the white house predictably saying, no deal. the parameters are there now. we can start to imagine what a deal may look like. >> i think that is right. they have been adamant in saying we want more revenue. they have kept the rates down. they have had spending cuts. i think they will find a deal just over a trillion in revenue. dagen: it is a turnaround for the republicans to say that we will raise revenue. how they get to it is very different from anything we have heard from president obama. >> i think that the president and the democrats are dug in. they want to raise the marginal tax rates for the upper earners of america. they are willing to allow a deal to lapse rather than have the tax rate rise. connell: maybe there is not a deal taking shape. they could say something like, we will raise these rates, but instead of $250,000, it has to be $500,000 or $1 million. there are ways to play a round with this. >> i think the republicans would lose, frankly, being the majority in the house. if they go ahead and give the
their cards on the table unveiling their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest
, theman some democrats blame for the fiscal cliff impasse, grover norquist, president of americans for tax reform. and the many ands a finger to about fixing it, michael reagan, founder of the reagan group. i wantto start with the republicans plan that they put on the table. they have been accused of doing nothing and all. they come up with their own plan which inclus 800 billion in revenue from closing loopholes and eliminating deductions and then 1 billion in spendin cuts. it is being rejected from the get go by democrats. grover, what do you say? >> i think the republicans had a very good pl called lorraine budg. they alloted for it in the house. itsaves $6 trillion over the same decade, and they did not raise taxes and all. i really think of the president is not iterested in compromising, and not sure it is wise with the republicans to keep moving in his direction. i suppos it ge you five minutes on the nightly news to say you are being reasonable, but the president keeps saying he jst wants massive tax increase no spendin cus. he wants to increase spending as part of this deal. the pr
Search Results 0 to 10 of about 11 (some duplicates have been removed)